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The Locks, Forebay Drive, Irlam M44 - Image 1
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The Locks, Forebay Drive, Irlam M44

North West

£104,500
Listed on 18/03/2026

Property Details

Bedrooms
2
Type
Flat
Area
631 sqft

Description

This top-floor apartment presents a promising opportunity for those looking to enter the property market or expand their investment portfolio. Nestled in a desirable area, it offers not only spacious living but also captivating views that enhance its appeal. Upon entering, you are greeted by a large hallway that includes practical storage solutions, ideal for maintaining an organized living space. The expansive living/dining room invites natural light and flows into a well-sized open-plan kitchen, which boasts plenty of storage and worktop space for culinary enthusiasts. With two generously proportioned double bedrooms, this layout provides ample room for furniture arrangements. The main bedroom comes equipped with built-in storage, while the bathroom features a three-piece suite along with additional storage options. Although the apartment requires cosmetic updates—reflecting its pricing—it is an excellent canvas for first-time buyers eager to personalize their home or investors seeking to maximize rental potential.

Investment Analysis

(M44 area)

Below Market Value

This property is priced -39.7% below area average per sq ft

-39.7%
Potential saving
This Property
£166/sq ft
Area Average
£275/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£190,739
10% above area average per sq ft
Potential ROI
+53.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (M44)

Area prices are rising by +7.2% over the last 12 months
3 year growth: +10.9%
5 year growth: +41.1%
Investment Disclaimer: Analysis based on M44 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

The Locks, Forebay Drive, Irlam M44
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£370
Based on a loan of £78,375 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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